Business ID: BS------
Custom Furniture Hire Weddings TV Shows, Corporate- Sydney
T/O $253,500, heading back to Pre Covid of $356,000
Owners Income $123,500 ( pre Covid $200,000plus)
Huge Pent Up Demand.
A premium event hire business that specialises in providing unique custom-designed furniture for events such as weddings, engagements, birthdays, and any event a customer may require. This sector of the market has come back with a huge pent-up demand and is in growth mode. The business also provides furniture for TV shows, PR events, commercials, and all types of corporate events.
The company has built a reputation for having premium furniture and personalised service to ensure that every event has an outstanding point of difference to deliver whatsoever the client desires. The reputation carefully built up over 9 years secures the demand for the company’s services and has allowed the business to quickly recover from COVID as proved by an order book of 30 future events in the next 12 months and ensures the Company’s ability to reach and surpass its pre-Covid levels. The industry reports that there is substantial pent-up demand for weddings well into the next two years.
-Established 9 years
-5,500 + Followers on Instagram
-9300 + Followers on Facebook
-Industry – 2.5 M Weddings in 2022 due to Covid most since 1984
-Niche Market
-High Margins
-History of Profits
-Unique Furniture
-Relationships with Venues
-Simple to Management
-Continued Growth Potential
The owner is willing to remain and work in the business on a 5-day week basis.
This business would suit a husband and wife team or an investor as the present owner is prepared to remain. I would also be a good “bolt-on” for anyone in the “house dressing” real estate industry.
Asking Price: $320,000 for the goodwill and assets of the business
